Chimera Investment reports $194 million Q3 loss; book value per share $14.82
Chimera Investment Corporation (NYSE: CIM) reported a GAAP net loss available to common shareholders of $194 million, or $2.31 per diluted share, for the quarter ended September 30, 2026, compared with a loss of $22 million, or $0.27 per share, a year earlier. The company said significant movements in interest rates and mortgage spreads affected its book value, which was $14.82 per common share, and its economic return for the quarter was (13.98)%. Its non-GAAP earnings available for distribution were $32 million, or $0.38 per adjusted diluted share, compared with $0.37 a year earlier.
Key points
- GAAP net loss available to common shareholders of $194 million, or $2.31 per diluted share, versus a $22 million loss, or $0.27 per share, in Q3 2025
- Earnings available for distribution of $32 million, or $0.38 per adjusted diluted share (non-GAAP), versus $0.37 in Q3 2025
- Net unrealized losses on financial instruments at fair value of $391 million in the quarter
- Subsequent to quarter end, completed the inaugural $291 million Prism securitization backed by loans originated by HomeXpress
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.